Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images DETROIT — New cars are slowly becoming more widely available, as supply chain bottlenecks finally start to ease. But now, an increasing number of Americans might not want them or be able to… Continue reading New cars are finally back in stock — but Americans might not be able to afford them
Category: US Motoring Press
Geopolitical tensions with the U.S. could ‘supercharge’ China’s innovation, JPMorgan says
An employee works on the production line of semiconductor wafer at a factory of Jiangsu Azure Corporation Cuoda Group. China has stepped up investment into its chip industry in a bid to be self-reliant in crucial technology needed for electric vehicles, smartphones and more. VCG | Visual China Group | Getty Images U.S.-China tensions have… Continue reading Geopolitical tensions with the U.S. could ‘supercharge’ China’s innovation, JPMorgan says
Tesla plans to deliver semis to Pepsi years after unveiling
This content is only available to subscribers. Get unlimited digital access. $1 for 6 months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Tesla plans to deliver semis to Pepsi years after unveiling
New Davinci DC100 revealed as striking electric performance bike
The Davinci DC100 high performance electric motorbike from Chinese outfit Davinci Motors had made its official debut in China – and it could be on its way to the UK. Chinese start-up Davinci Motors offers a small number of electric motorbikes, with the DC100 being the first model that the firm has put through its… Continue reading New Davinci DC100 revealed as striking electric performance bike
Citroen C5 X
If insanity is doing the same thing over and over again and expecting different results, then the new Citroen C5 X is not good news for the firm’s management. It has been shown repeatedly that large saloons and estates from French brands – and by extension any brand that isn’t a German premium manufacturer –… Continue reading Citroen C5 X
Bugatti’s first electric car pushed back beyond 2030
No fully electric Bugatti will be released this decade, Autocar understands, despite owner Mate Rimac planning to launch hybrid and electric hypercars before 2030. “At the moment, we’re looking at the next step for the hybrid model; everything else is a little too far down the line,” Bugatti’s design director Achim Anscheidt said, with this hybrid supercar earmarked to arrive… Continue reading Bugatti’s first electric car pushed back beyond 2030
Insight: How AI cuts car and tech development times
Racing team Jota Motorsport uses AI on its simulator to cut set-up time and cost Close News 5 mins read 7 October 2022 Access to this content requires a subscription to Autocar Business The Knowledge. To subscribe, please see below and to login please click here ]]> Basic Register Access to additional free article… Continue reading Insight: How AI cuts car and tech development times
The climate investor who bet right on ExxonMobil on how to stay ahead of the market for the next decade
A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters Jennifer Grancio was among the leaders at Engine No. 1, the upstart investing firm focused on climate and energy transition, that bested ExxonMobil in a 2021 proxy contest upset few saw coming. What Engine No. 1 decided to do next was maybe… Continue reading The climate investor who bet right on ExxonMobil on how to stay ahead of the market for the next decade
Mercedes-Benz CEO says luxury drivers will help spur the transition to electric vehicles
A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. Mark Blinch | Reuters Mercedes-Benz CEO Ola Kallenius told CNBC’s Jim Cramer that while he thinks there will be a market for vehicles with internal combustion engines for a… Continue reading Mercedes-Benz CEO says luxury drivers will help spur the transition to electric vehicles
More car buyers pay at least $1,000 a month for their loans as high prices, rate hikes throw ‘a one-two punch’
Skynesher | E+ | Getty Images A growing share of car buyers are signing up for monthly loan payments of $1,000 or more amid rising interest rates and elevated auto prices, new research shows. Overall, 14.3% of consumers who financed a new vehicle in the third quarter committed to payments at or above that amount,… Continue reading More car buyers pay at least $1,000 a month for their loans as high prices, rate hikes throw ‘a one-two punch’